Vision for RIO+20: System Change for Green Economy and Poverty Reduction
This seminar will show how changes in price structure and sustainable infrastructure can lead to poverty reduction in a green economy. The speaker argues that the transition towards a low carbon green growth cannot be realized without a fundamental restructuring of the price structure, by internalizing ecological prices through environmental taxes and environmental fiscal reform.
The two core features of environmental fiscal reforms, revenue neutrality and double dividend, are powerful tools for changing the price structure while stimulating economic growth. In terms of sustainable infrastructure, the speaker makes a case for developing countries to promote sustainable infrastructure through urban planning and design, green buildings and making the switch from private transportation to public transportation modes so that they are not locked into unsustainable consumption and production patterns.